My husband and I love Charleston and plan to relocate and semi-retire there.

Of course this all happened after I spent $650 on a semi-commercial appraisal, and was into the deal over a month.Found private financing for 9% on the first from family, which was not what I wanted, but I really don't think the other would have actually closed-felt like mafia.It's been a great property and is worth 5 times what I paid.

There is already one semi national Lonny Dealer stepping in to fill gaps left by those who are leaving and by all accounts they are making money by the buckets.Some will say this is just another case of a little guy losing out.

In Pittsburgh, these smaller multifamily (4-12) are hard to come by, and any deals that are semi-attractive, don't last long.

Thanks for posting - good data.One thing we have seen is that rents are dropping in Richmond but the surrounding suburbs and semi-rural areas have seen rent increases!

Also, semi-side-note @Mike G.: I really like the whiteboard animation you use on your site.

Didn't like it, but sounds semi-logical.  

Hey Lisa,This is semi complicated.

Not to mention a super cool country.. great people food and weather.Any one have the idea to snag one of these then semi retire over here ???

When you acquire the property - you will be required to pay property taxes on a quarterly, semi-annual, annual basis depending on county rules.Do you have to have to pay capital gains tax if you hold the property for less than a year?